This loan has been FULLY FUNDED by 29 lenders!

Renee Elva
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About the Loan
(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Location: Ayacucho, Peru   Repayment Term: 7 months
(more info)
Activity: Clothing Sales   Repayment Schedule: Monthly
Loan Use: Buy underwear, socks, t-shirts and baby clothes   Currency Exchange Loss: Covered
      Default Protection: Covered
Elva is a member of the Sumaq Huayta Village Bank; “Sumaq Huayta” means “Beautiful Flower” in Quechua. Elva is 30 years old and lives with her common-law husband and their two children. Elva has a workshop where she sews custom clothing, located in the Jesus Nazareno Market. Elva and her husband own three stands where they sell pre-made clothing and shoes. Elva needs a loan of 3000 soles to buy underwear, socks, T-shirts and baby clothes. Elva dreams that her children will graduate from college with professional degrees, of expanding her workshop, and of buying all of the necessary machinery.

Translated from Spanish by Cynthia McMurry, Kiva fellow

Elva es socia del Banco Comunal Sumaq Huayta que significa Linda Flor.

Elva es conviviente, tiene 30 años y 2 hijos, Elva tiene un taller de confecciones de prendas de vestir que esta ubicado en el mercado Jesús Nazareno, confecciona prendas sobre medida, Elva tiene 3 puestos en donde vende ropa hecha, calzados, actividad que realiza con la ayuda de su esposo.

Elva necesita un préstamo de 3000 soles dinero que será invertido en la compra de ropas interiores, medias, polos y ropa de bebe.

Elva sueña con que sus hijos sean profesionales, ampliar su taller e implementar con toda la maquinaria necesaria.
About the Country
Country:
Avg Annual Income:$6,715
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0917 PEN = 1 USD

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Status: Paid Back

$975
Loan Request
Pre-Disbursed : Dec 3, 2008
Listed: Dec 18, 2008
Funded: Dec 25, 2008
$975
Paid Back
Ended: Jun 15, 2009
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Journal entries for Renee Elva


Subject: Loan has been disbursed
Location: Ayacucho, Peru

Thank you for your loan. It has been disbursed to Renee Elva by FINCA Peru in Peru. We are excited to watch this business grow. Over the 5 months of this loan, FINCA Peru will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ayacucho, Peru
Dec 26, 2008
Comment on this entry
Kiva HelpKiva Repayment Schedule for Renee Elva
  Expected Repayments Actual Repayments Comments
February 2009 $162.50 $162.50 Repayment Received
March 2009 $162.50 $162.50 Repayment Received
April 2009 $162.50 $162.50 Repayment Received
May 2009 $162.50 $162.50 Repayment Received
June 2009 $162.50 $162.50 Repayment Received
July 2009 $162.50 $162.50 Repayment Received